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Solana (SOL) rises nearly 3% but struggles to break key resistance near $116.

Technical Signals
12 Oct 2026
Tokenpost
View Source
Neutral
Solana (SOL) rises nearly 3% but struggles to break key resistance near $116.

Solana (SOL) traded up 2.99% to $112.96 but remained below key resistance levels at $114.49 and $116.03. The token is positioned between its 50-day and 20-day moving averages, with a daily close above $116.03 needed to weaken the current bearish trend. Support levels to watch are $110.33 and $107.71, while deeper corrections to $106 or $95 remain possible if resistance holds. Market indicators suggest some short covering amid rising prices, but SOL faces pressure to reclaim key levels to confirm a bullish reversal.

Solana trades at Rp2.008.225 on Pluang, showing a 2.85% gain as of Oct 12, 2026 15:02 WIB. The platform sees strong buying interest, with 73% of orders as buys. Solana's market cap stands at Rp1.188,71 trillion, reflecting solid investor activity during this period.

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